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Property profile

601 Hwy 27 Hwy Stanley, NC 28164

OFF-MARKET
Commercial real estate
7.96 ac lot
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Property summary

AI-generated overview

This exceptional commercial land offering presents a rare opportunity in Stanley, NC. Encompassing nearly 8 acres (7.96 acres to be exact) within the city limits, this property boasts significant road frontage and high daily traffic counts. The land comprises two contiguous parcels (PID 175746 and PID 175747) zoned for General Business use. PID 175746, the larger parcel, offers 6.83 acres and an impressive 392 feet of frontage along Highway 27. PID 175747 adds an additional 1.13 acres at the northeast corner. According to the North Carolina Department of Transportation, this section of Highway 27 sees up to 20,000 vehicles daily, ensuring exceptional visibility for any commercial venture. City water is already connected. Stanley Public Works has confirmed sewer access is available at the property's rear, though tap and connection fees would apply. Conveniently located approximately 9 miles west of exit 14 (Mt. Holly) on I-485 and only about 15 miles from Charlotte Douglas International Airport, this site offers unparalleled accessibility. Note that existing structures—a former estate home (built in 1936) and two accessory buildings—are in disrepair, unsafe, and are not factored into the asking price of $900,000. Access to these buildings is solely at the buyer's risk after contract acceptance. This is a prime location for a wide range of commercial developments.

Property profile

Verified
Property type Commercial real estate
Lot 7.96 ac (346,738 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

601 Hwy 27 Hwy Stanley, NC 28164
Stanley metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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